Cincinnati Homes with Acreage Sales in 2022
For home sales everyone has heard how 2022 continued the hot market trend of rising prices and quick sales. The market did start to cool as interest rates went up, but generally prices stayed near their peaks and if homes were priced right and showed great, they still sold quickly.
What about Homes with Acreage? How were they effected.
Prior to the multi-year upswing in prices, homes with acreage frequently did not bring in much higher prices than similar homes on smaller lots. In the past, unless the land had development potential, it did not really drive-up prices.
That appears to have changed now. One of the benefits of a home with acreage is it puts distance between you and other people. Perhaps partly because of Covid, people now see more value in the extra, but maybe un-usable land.
Homes with acreage now do clearly sell for more than similar homes without acreage.
So, now is still a great time to sell a home with acreage.
We, at Cincyland.com, have buyers looking for homes with acreage right now.
Call, text or email us today for a pricing and market analysis. Position yourself for the best possible results when selling a home with acreage, with Cincyland.com.
Here are the statistics for the 351 homes with acreage (at least 2 acres) sold in the Cincinnati area (Hamilton County) is 2022:
Low Average Median High
Listing Price $55,000 $578,006 $275,000 $4,500,000
LP per acre $31.52 $159,241 $70,092 $1,246,004
Selling Price $55,000 $559,045 $258,000 $4,000,000
SP per acre $32.41 $154,197.09 $72,314.39 $1,198,081
Days on market 0 14 4 269
2022 Cincinnati land sales